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Thursday, December 6, 2012

Obama's Harvard Years: Questions Swirl

Obama's Harvard Years: Questions Swirl

:1How exactly did Barack Obama pay for his Harvard Law School education?

The way the Obama campaign has answered the question was simply hard work and student loans.
But
new questions have been raised about Obama’s student loans and Obama’s
ties to a radical Muslim activist who reportedly was raising money for
Obama’s Harvard studies during the years 1988 to 1991.
The
allegations first surfaced in late March, when former Manhattan Borough
president Percy Sutton told a New York cable channel that a former
business partner who was “raising money” for Obama had approached him in
1988 to help Obama get into Harvard Law School.
In the interview,
Sutton says he first heard of Obama about twenty years ago from Khalid
Al-Mansour, a Black Muslim and Black Nationalist who was a “mentor” to
the founders of the Black Panther party at the time the party was
founded in the early 1960s.
Sutton described al-Mansour as advisor to “one of the world’s richest men,” Saudi prince Alwaleed bin Talal.
Prince
Alwaleed catapulted to fame in the United States after the September 11
attacks, when New York mayor Rudy Guiliani refused his $10 million
check to help rebuild Manhattan, because the Saudi prince hinted
publicly that America’s pro-Israel policies were to blame for the
attacks.
Sutton knew Al-Mansour well, since the two men had been business partners and served on several corporate boards together.
As
Sutton remembered, Al-Mansour was raising money for Obama’s education
and seeking recommendations for him to attend Harvard Law School.
“I
was introduced to (Obama) by a friend who was raising money for him,”
Sutton told NY1 city hall reporter Dominic Carter. “The friend’s name is
Dr. Khalid al-Mansour, from Texas.”
Obama spokesman Ben LaBolt
told Newsmax that Sutton’s account was “bogus” and a “fabrication that
has been retracted” by a spokesman for the Sutton family.
He referred Newsmax to a pro-Obama blog published on Politico.com by reporter Ben Smith.
In
a September 3 blog entry, Smith wrote that “a spokesman for Sutton’s
family, Kevin Wardally” said that Sutton had been mistaken when he made
those comments about Obama and Khalid Al-Mansour.
Smith suggested the retraction “put the [Obama/Al-Mansour] story to rest for good.”
Wardally
told Smith that the “information Mr. Percy Sutton imported [sic] on
March 25 in a NY1 News interview regarding his connection to Barack
Obama is inaccurate. As best as our family and the Chairman’s closest
friends can tell, Mr. Sutton, now 86 years of age, misspoke in
describing certain details and events in that television interview.”
Asked
which parts of Percy Sutton’s statements were a “fabrication,” LaBolt
said “all of it. Al Mansour doesn’t know Obama. And Sutton’s spokesman
retracted the story. The letter [to Harvard, which Percy Sutton says he
wrote on behalf of Obama], the ‘payments for loans’ — all of it, not
true,” he added.
Newsmax contacted the Sutton family and they
categorically denied Wardally’s claims to Smith and the Politico.com. So
there was no retraction of Sutton’s original interview, during which he
revealed that Khalid Al-Mansour was “raising money” for Obama and had
asked Sutton to write a letter of recommendation for Obama to help him
get accepted at Harvard Law School.
Sutton’s personal assistant told Newsmax that neither Mr. Sutton or his family had ever heard of Kevin Wardally.
”Who is this person?” asked Sutton’s assistant, Karen Malone.
When told that he portrayed himself as a “spokesman” for the family, Malone told Newsmax, “Well, he’s not.”
According
to a 2006 New York magazine profile, Wardally is part of a “New New
Guard” in Harlem politics that has been challenging the “lions” of the
old guard, Charles Rangel and Percy Sutton. That makes him an unlikely
candidate to speak on behalf of Sutton.
Sutton maintains an office
at the Manhattan headquarters of the firm he founded, Inner City
Broadcasting Corporation. ICBC owns New York radio stations WBLS and
WLIB.
Sutton’s son Pierre (“Pepe”) runs ICBC along with his
daughter, Keisha Sutton-James. Malone told Newsmax that she had
consulted with Sutton’s family members at the station and confirmed that
no one knew Kevin Wardally or had authorized him to speak on behalf of
the family.
For someone claiming to be a “spokesman” for the
Sutton family, who was authorized to call Percy Sutton a liar, Wardally
even got Percy Sutton’s age wrong.
Sutton is not 86, as Wardally said, but close to 88. He was born on Nov. 24, 1920.
Wardally
responded to a several Newsmax phone messages and emails with a terse
one-line comment, maintaining his statement that Percy Sutton “misspoke”
in the television interview.
“I believe the statement speaks for
itself and the Sutton Family and I have nothing further to say on the
topic,” he wrote in an email.
Asked to explain why it was that no
one at Inner City Broadcasting Corp. knew of him or accepted him as a
family spokesman, Wardally responded later that he had been retained by a
nephew of the elder Sutton, who “is in our office almost every week.”
Wardally
works for Bill Lynch Associations, a Harlem political consulting firm.
The nephew, Chuck Sutton, no longer works with the elder Sutton at Inner
City Broadcasting, but for a high-tech start-up called Synematics.
“Percy
Sutton doesn’t go out idly on television saying things he doesn’t
mean,” a well-connected black entrepreneur who knows Sutton told
Newsmax.
Ben LaBolt’s claim that “Al Mansour doesn’t know Obama”
was contradicted by Al Mansour himself in an extended interview with
Newsmax.
Comparing the revelation of his ties to Obama to the
controversy surrounding Rev. Jeremiah Wright, Al Mansour said that he
was determined to keep a low profile to avoid embarrassing Obama.
“In
respect to Mr. Obama, I have told him, because so many people are
running after him… I was determined that I was never going to be in that
situation,” he told Newsmax.
Al Mansour said he was deliberately
avoiding any contact with the candidate. “I’m not involved in any way in
celebrity sweepstakes,” he said. “I wish him well, anything I can do if
he lets me know, I’ll let him know what I think I can do or can’t. But I
don’t collect autographs. I wish him the best, and hope he can win the
election.”
He repeatedly declined to comment on the Percy Sutton allegations, either to confirm or to deny them.
“Any
statement that I make would only further the activity which is not in
the interest of Barack, not in the interest of Percy, not in the
interest of anyone,” Al Mansour said.Unanswered Questions
Sen.
Obama has refused to instruct Harvard Law School to release any
information about his time there as a student, or about his student
loans.
Newsmax contacted the Dean of Students, the Director of
Student Financial Services, the Registrar, and the Bursar of Harvard Law
School. None would provide any specific information on Barack Obama’s
time at Harvard, except for his dates of attendance (1988-1991) or his
year of graduation, 1991.
A spokesman for the law school, Michael
Armini, said it was Harvard policy not to divulge information on alumni
without their approval.
“There are lots of reporters nosing around the library,” he acknowledged. So far, none had turned up any new information.
Law
professors Lawrence Tribe and Charles Ogletree have both said publicly
that they were “impressed” by Obama when he was a student.
Sources
close to the Sutton family told Newsmax that Percy Sutton wrote a
letter of recommendation for Obama to Ogletree at Khalid Al-Mansour’s
request, but Ogletree declined to answer Newsmax questions about this.
Harvard
Law School spokesman Michael Armini said that Harvard was “very
generous” with financial aid, but only on the basis on need.
The
Obama campaign told Newsmax that Obama self-financed his three years at
Harvard Law School with loans, and did not receive any scholarship from
Harvard Law school.
LaBolt denied that Obama received any
financial assistance from Harvard or from outside parties. “No - he paid
his way through by taking out loans,” he said in an email to Newsmax.
At
the time, Harvard cost around $25,000 a year, or $75,000 for the three
years that Obama attended. And as president of the Harvard Law Review,
he received no stipend from the school, Harvard spokesman Mike Armini
said.
“That is considered a volunteer position,” Armini said. “There is no salary or grant associated with it.”
So
if the figures cited by the Obama campaign for the Senator’s student
loans are accurate, that means that Obama came up with more than $32,000
over three years from sources other than loans to pay for tuition, room
and board.
Where did he find the money? Did it come from friends
of Khalid Al Mansour? And why would a radical Muslim activist with ties
to the Saudi royal family be raising money for Barack Obama?
That’s the question the Obama campaign still won’t answer.Michelle Obama Speaks Out
Speaking
at a campaign event in Haverford, Pa, in April of this year, Michelle
Obama claimed that her husband had “just paid off his loan debt” for his
Harvard Law School education.
In an appearance in Zanesville,
Ohio, in February she bemoaned the fact that many American families were
strapped with student loan payments for years after graduation.
“The
only reason we’re not in that position is that Barack wrote two
best-selling books,” she said. The first of those best-sellers netted
the couple $1.2 million in royalties in 2005.
In response to
Newsmax questions about the Obama’s college loans, a campaign spokesman
cited a report in The Chicago Sun claiming that Obama borrowed $42,753
to pay for Harvard Law School, and “tens of thousands” more to pay for
undergraduate studies at Columbia.
The same report said that Michelle Obama borrowed $40,762 to pay for her years at Harvard Law School.
But
a Newsmax review of Senator Obama’s financial disclosures found no
trace of any outstanding college loans, going back to 2000.
As a
United States Senate candidate, Barack Obama was required to file a
financial disclosure form in 2004 detailing his assets, income,
consulting contracts, and liabilities.
Obama listed “zero” under liabilities in 2004 and in all subsequent U.S. Senate financial disclosure forms.
Under
the Senate ethics rules, he is required to disclose any loan, including
credit card debt, of $10,000 or more. The only exception to the
reporting requirement is mortgage debt on a principal residence.
The
Senate reports also directly contradict Michelle Obama’s claim that the
couple had “only just” paid off their student loans after receiving
book royalties paid out in 2005 and 2006 – well after her husband had
been ensconced in the Senate.
Apparently, Michelle Obama misspoke, according to the version provided by the Obama campaign.
Campaign
spokesman Ben LaBolt now tells Newsmax that the loans Sen. Obama took
out to pay for Harvard Law School “were repaid in full while he was a
candidate for the U.S. Senate [in 2004], and under the rules, the modest
outstanding balance he repaid was not reportable as a liability on his
personal financial disclosure reports.”
The Senator repaid the
loans on “the expectation of a significant increase in family income” as
a result of the paperback edition of his 1995 book, Dreams of My
Father, LaBolt said.
Obama acknowledges that sales of the hard
cover edition of the book were “underwhelming.” But in the spring of
2004,when Obama won the Democrat U.S. Senate primary in Illinois, Rachel
Klayman, an editor at Crown Publishers in New York, read an article
about Obama and became interested in his memoir, only to discover that
Crown now owned the rights.
She asked Obama to write a new
forward, and Crown then decided to re-issue Dreams as a paperback in
July 2004, just as Obama made his historic speech to the Democrat
National Convention.
The paperback eventually sold over one
million copies, which under the standard industry royalty for trade
paperbacks of 7.5%, earned him $1.2 million. However, Obama didn’t
report income from the book until 2005, so it’s unclear how he was able
to repay his student loans in 2004.
Responding to attacks from the
Hillary Clinton campaign during the primaries, Obama released seven
years of tax returns on March 25 of this year.
The returns, dating
back to 2000, indicate that the couple paid no interest on their
student loans. The interest from such loans would have been deductible
on their joint income tax returns.
For 2000 through 2004,
taxpayers declared student loan interest as a deduction on line 24 of
federal form 1040. After 2004, the deduction can be taken on Line 33.
But
the Obamas never declared a dime of interest in student loans on their
return, most likely because they simply earned too much money to be able
to take the deduction under the IRS rules.
Obama spokesman Ben
LaBolt had no answer as to why the Obamas’ failed to declare the loans,
stating the obvious that “because interest on the loans was not
deducted, it would not appear on the Obamas’ personal return.”